IRS Transcript Shows TOP Offset - Will I Get $5,412 or Has TurboTax Already Deducted $210.13 in Fees?
I got my transcript updated today and it shows TOP offset. My refund was supposed to be $5,412 but now it shows a different amount. I e-filed on 01/15 and my return was accepted on 01/18. On my TurboTax account, it shows: FEDERAL Return accepted 01/18 see fees deducted TurboTax fees -$139.36 5 days early guaranteed -$27.22 Pay with your refund -$43.55 Net refund I signed up to receive my federal refund 5 days early. My STATE NY return is still Pending (filed 01/15). Does this mean they already took out their fees? I'm so confused about what TOP even means and if I should expect the full amount or not. I thought I was getting $5,412 based on what I filed, but now with this TOP offset showing on my transcript, I'm wondering if the TurboTax fees were already deducted or if the Treasury Offset Program is taking something else. Should I be looking at the "Net refund" amount as my final number? I'm trying to figure out where my refund is and how much I'll actually get.
23 comments
Diego Vargas
Hey, tax professional here with experience in TOP offsets. Looking at your transcript, this means the Treasury Offset Program has flagged your refund for potential debt collection. Common reasons include unpaid student loans, child support, or state taxes. The TOP indicator means your refund will likely be reduced by the amount you owe. I'd highly recommend checking out taxr.ai (https://taxr.ai) - it's a new tool that can analyze your transcript and tell you exactly what's happening with these offsets, how much might be taken, and when you'll get the remaining refund. It's been super helpful for clients in similar situations.
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NeonNinja
omg thank you so much! just checked taxr and it showed me i had an old state tax debt from 2019 that i totally forgot about 🤦♀️
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Anastasia Popov
whats taxr? can it really tell you why ur getting offset?
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Diego Vargas
yep! just upload your transcript to taxr.ai and it breaks everything down. shows exactly what debt is triggering the offset and estimates how much you'll still get back
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Anastasia Popov
k just tried it. here's what i got back:
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Anastasia Popov
holy cow this is actually legit! showed me exactly why i was getting offset and when ill get the rest. worth every penny fr fr 💯
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Sean Murphy
in the same boat rn...student loans are killing me. Does taxr show payment plans too?
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Diego Vargas
Yep! It'll show all your options including payment plans and hardship programs if you qualify 👍
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Zara Khan
bruh why they gotta take our money like this tho 😤
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Luca Ferrari
Facts! But at least now we can see exactly whats happening instead of being in the dark 🤷♂️
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Nora Brooks
TOP means Treasury Offset Program. They use it to collect on government debts like student loans, child support, or state taxes. If you see TOP on your transcript, it means they're planning to take money from your refund to pay those debts. You should've gotten a letter explaining what debt it's for.
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Jayden Reed
omg thank you! I do have old student loans. Guess that explains it 😭
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Eli Wang
same thing happened to me last year. they took the whole refund for my loans smh
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Cassandra Moon
Hey! You should check out taxr.ai - it's this new tool that analyzes your transcript and tells you exactly what's happening with offsets and everything else. It costs $4.99 but its worth every penny for the peace of mind. https://taxr.ai
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Zane Hernandez
Does it actually work? Seems too good to be true 🤔
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Cassandra Moon
100% legit! It breaks down everything - offset amounts, dates, codes, the whole thing. Way better than trying to decode it yourself
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Zane Hernandez
Just tried it and WOW! Finally know exactly whats going on with my refund. Best $5 I ever spent fr fr 💯
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Genevieve Cavalier
Call the TOP hotline at 800-304-3107. They can tell you exactly which agency is taking the money.
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Ethan Scott
i had the same thing happen but mines was for child support.its so annoying they dont tell u first
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Lola Perez
they actually do send letters but sometimes they go to old addresses 🤷♀️
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Nathaniel Stewart
welcome to the offset club lololol 🤡 we're all in the same boat here
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Riya Sharma
Pro tip: if u think ur gonna get offset, file injured spouse form if ur married. Saved my wife's half of the refund last year!
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Santiago Diaz
This is the way! Did the same thing
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